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The results below show our latest news.
The results below show our latest news.
Nov 12, 2008
Brazilian ethanol project gets $1 billion funding
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Nov 19, 2008
The federal government is raising the target for the amount of ethanol used in the US petrol supply to 11.1 billion gallons.
The US Environmental Protection Agency (EPA) has set its 2009 Renewable Fuels Standard at 10.21%, equating to 11.1 billion gallons of ethanol.
The 2008 RFS was 7.76%, or an approximate 9 billion gallons.
The US Energy Independence and Security... [Read More]
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Nov 19, 2008
Agribusiness US Sugar has entered into an agreement with Illinois-based renewable energy company Coskata to explore building a 100 million gallon a year cellulosic ethanol facility in Clewiston, Florida.
The facility would be the world's largest second generation ethanol facility. It would convert left-over sugarcane material into ethanol, and would help Florida... [Read More]
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Nov 19, 2008
Dominican Republic-based W2E Resources will construct a plant to produce ethanol and electricity, transforming solid waste, including sugarcane bagasse, at a cost of around US$200 million (€158.5 million).
The company is undertaking the environmental impact study and engineering of the final draft, with construction expected to begin early next year, and around 24... [Read More]
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Nov 19, 2008
Cambodia opened its first ethanol factory to generate biofuel from cassava flour on Monday 17 November.
The plant has a capacity of 36,000 tonnes a year.
‘This factory will become the market place of cassava product for local farmers,’ Cambodia Prime Minister Hun Sen comments.
The project, with $40 million (€31.5 million) investment from MH Bio-energy Group... [Read More]
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Nov 19, 2008
Ethanol producer VeraSun Energy expects to report a Q3 net loss of approximately $464 million (€367.6 million).
The figure is more than four times the number quoted in an earlier announcement that accelerated the company's fall into bankruptcy protection.
The second largest US producer, with about 13% of the nation's ethanol capacity, filed for bankruptcy... [Read More]
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Nov 19, 2008
US-based White Mountain Group is expected to inject US$16 million (€12.6 million) worth of investment into Australian Biodiesel Group (ABG) in exchange for 51% of ABG's issued share capital.
White Mountain will provide US$6.2 million to install a new processing and refining plant to be located on current ABG premises. Another US$3 million will go to securing a... [Read More]
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Nov 19, 2008
Germany-based biofuel producer Verbio has reported higher profits with the aid of growing biodiesel exports, but made losses on bioethanol.
‘About 40% of biodiesel production was exported, largely to east Europe,’ the company says, adding that Germany's increased taxes on biofuels resulted in a large cut in sales by all producers inside Germany.
It estimated... [Read More]
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Nov 19, 2008
Carotech, one of Malaysia’s largest producers of palm methyl ester, has signed a RM200 million (€43.9 million) contract with Trafigura Beheer, Amsterdam, for the export of its refined and distilled palm biodiesel to the US and Europe.
‘Trafigura has been our customer since 2007 and this agreement is important to us as it would take up more than 50% of our capacity... [Read More]
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Nov 19, 2008
Switzerland-based biodiesel producer Biopetrol Industries began to bring its 400,000 tonne a year plant in Rotterdam on stream this week and plans to run the operation at half capacity in 2009.
Initially the company expected the plant to be fully operational by the end of Q1 2009 but the company would run just one of two lines due to conservative planning and the outlook... [Read More]
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Oct 24, 2008
Brazil's state-owned oil company Petrobras and Galp Energia SGPS have signed an investment agreement to create a joint-venture to develop a biofuel production and marketing project.
The agreement is the outcome of a Memorandum of Understanding the companies signed last May, which was aimed at studying the feasibility of joint biodiesel production, marketing and distribution... [Read More]
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Oct 24, 2008
US-based Kinder Morgan Energy Partners (KMP) has announced successful ethanol movements through its Central Florida pipeline system and has begun tests to assess transporting biodiesel through its pipelines on a commercial basis. The company is conducting a test movement of blended B5 biodiesel in a segment of the Plantation Pipe Line system that transports petrol and... [Read More]
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Oct 24, 2008
The Vietnam Oil and Gas Corporation (PetroVietnam) will invest $120 million (93 million Euro's) to set up a bioethanol plant in the Dung Quat economic zone in central Ngai province. The Deputy Minister of Sciences and Technology Nguyen Van Lang says Vietnam has an urgent need to develop biofuels to meet its energy demands.
The country is placing a high priority on... [Read More]
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Oct 24, 2008
India's Hindustan Petroleum Corp Limited (HPCL) has formed a biofuels joint venture with Chhattisgarh State Renewable Energy Development Agency (CSREDA). The joint venture, CSREDA-HPCL Biofuels Limited (CHBL), would cultivate tree-borne oil (TBO) plants such as jatropha curcas, which serve as feedstock for biodiesel.
HPCL would operate CHBL as its subsidiary with... [Read More]
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Oct 24, 2008
A group of Brazilian companies and industrial organisations will set up a joint venture to finance research in cellulosic ethanol, the Sao Paulo Industry Federation (Fiesp) says. The initiative includes Brazil's leading sugar and ethanol producer, Copersucar, the country's Sugar Cane Industry Association, Unica, and the local subsidiary of commodities giant Bunge.... [Read More]
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Kilang #Pertamina Internasional, a refinery unit of Indonesia's state owned energy firm Pertamina, aims to produce its first certified sustainable aviation fuel (SAF) in the first quarter of this year.
https://biofuels-news.com/news/pertamina-set-to-produce-first-batch-of-certified-saf/
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